--- title: 318 14th Street image: https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg --- [Skip to content](https://api.giambrateam.com/listings/434243308323#main-content) [![TGT logos](https://api.giambrateam.com/hs-fs/hubfs/TGT%20logos.png?width=571&height=64&name=TGT%20logos.png) ![logo_mobile](https://api.giambrateam.com/hs-fs/hubfs/logo_mobile.png?width=133&height=64&name=logo_mobile.png) ](https://giambrateam.com/) - [Listings](https://giambrateam.com/listings) - [About Us](https://giambrateam.com/about-us) - [Fair Housing Notice](https://dos.ny.gov/system/files/documents/2025/03/nys-housing-and-anti-discrimination-notice_02.2025.pdf) [![Vector (3)](https://api.giambrateam.com/hubfs/Vector%20(3).svg) ](https://dos.ny.gov/system/files/documents/2025/03/nys-housing-and-anti-discrimination-notice_02.2025.pdf) Open main navigation Close main navigation - [Listings](https://giambrateam.com/listings) - [About Us](https://giambrateam.com/about-us) - [Fair Housing Notice](https://dos.ny.gov/system/files/documents/2025/03/nys-housing-and-anti-discrimination-notice_02.2025.pdf) - [ Contact us ](https://api.giambrateam.com/contact/us) [ Contact us ](https://api.giambrateam.com/contact/us) # Explore the Best PROPERTIES on the Market! Browse the latest listings in NY and find the perfect home for you. Whether you're looking to buy or sell for the best price, we’re here to guide you through every step. Start your search today! [ Need help buying? ](https://giambrateam.com/for-buyers) [ Need help selling? ](https://giambrateam.com/for-sellers) Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units # 318 14th Street , Buffalo, NY 14213 View gallery Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units # 318 14th Street, Buffalo, NY 14213 ### 1619 sq ft ### 2 units ### 2 gas meters ### 2 electric meters ### 2 hot water tanks ### 2 heating units Unit 1 ### Vacant status ### 2 beds ### 1 baths Unit 2 ### Vacant status ### 1 beds ### 1 baths Unit 1 ### Vacant status ### 2 beds ### 1 baths Unit 2 ### Vacant status ### 1 beds ### 1 baths # **House Hacking Gold Mine: ****Buffalo Duplex - $100,000** **The Perfect BRRRR Strategy Property for Savvy Investors** Are you ready to unlock the power of house hacking while building wealth through real estate? This Buffalo duplex at 318 14th Street presents an incredible opportunity for investors or owner occupied Buyers looking to live in one unit while generating rental income from the other – all while adding substantial value through strategic renovations. ## **Why This Property is a Game-Changer** At just $100,000, this duplex is priced nearly $85,000 below its Zestimate of $184,600, creating immediate equity potential. But the real magic happens when you consider the income-generating possibilities and value-add opportunity that makes this property perfect for the BRRRR strategy. ### **The Numbers That Matter** **Current Investment Breakdown:** - **Purchase Price:** $100,000 - **Projected Gross Income (After Renovation): **$28,800.00 - **Projected Annual NOI (After Renovation):** $18,574.74 - **Value Based on 7.5% Cap Rate:** $265,353.43 - **Potential Equity Creation:** $165,353.00+ **Monthly Rental Projections:** - **Unit 1 (Lower - 2bed/1bath):** $1,400/month - **Unit 2 (Upper - 1bed/1bath):** $1,000/month - **Total Monthly Income:** $2,400 ## **House Hacking Opportunity** Live in either unit while your tenant covers a significant portion of your mortgage payment. Whether you choose the spacious 2-bedroom lower unit or the convenient 1-bedroom upper unit with in-unit laundry, you'll be building wealth while minimizing your living expenses. ## **Property Highlights** **Building Specifications:** - **Total Square Footage:** 1,619 sq ft - **Lot Size:** 24.5' x 149' (0.0838 acres) - **Construction:** Wood frame, 2-story duplex - **Roof:** 8 year old tear-off roof - **Utilities:** Separate gas and electric service for each unit **Unit Breakdown:** - **Lower Unit:** 2 bedrooms, 1 bathroom (renovation needed) - **Upper Unit:** 1 bedroom, 1 bathroom with in-unit laundry - **Bonus:** Upper unit comes with washer, dryer, refrigerator, stove, and microwave **Infrastructure Advantages:** - **Plumbing:** PEX supply lines, PVC/Steel waste lines - **Electrical:** Circuit breaker service - **HVAC:** Forced air systems in both units - **Access:** Pull-down attic stairs from upper unit ## **The Value-Add Opportunity** The lower unit requires renovation, presenting the perfect opportunity to add value through strategic improvements. With separate utilities already in place and solid bones including a newer roof, you can focus your renovation budget on high-impact improvements that will maximize rental income and property value. ## **Perfect for BRRRR Strategy** This property checks all the boxes for successful BRRRR investing: 1. **Buy:** Below-market purchase price at $100,000 2. **Renovate:** Lower unit needs updating (value-add opportunity) 3. **Rent:** Strong rental market with $2,400 monthly income potential 4. **Refinance:** Projected value of $247,663+ creates refinancing opportunities 5. **Repeat:** Pull out capital for your next investment ## **Location & Market Context** Located in Buffalo's established residential corridor, this N-2R zoned property sits on a generous lot in a stable neighborhood. The property last sold for $87,000 in 2019, showing consistent market appreciation potential. **Tax Information:** - **County Taxes:** $728.59 annually - **City Taxes:** $854.52 annually - **School Taxes:** $598.60 annually ## **Investment Summary** This duplex represents more than just a real estate purchase – it's your entry point into building generational wealth through strategic house hacking and value-add investing. With strong rental income projections, significant equity upside, and the flexibility to live in one unit while renting the other, this property offers multiple paths to profitability. **Ideal for:** - First-time house hackers - Experienced investors seeking BRRRR opportunities - Owner-occupants looking to offset housing costs - Investors comfortable with value-add projects **Ready to take the next step in your real estate investment journey? This Buffalo duplex won't last long at this price point.** ## $100,000 Submit offer Deadline June 12, 2025 | 5:00 PM Open house dates June 7, 2025 | 1:00 PM - 3:00 PM Check-in ![Nicholas Giambra](https://api.giambrateam.com/hubfs/nick_headshot_avatar_1x.webp) ## Nicholas Giambra Associate Real Estate Broker [ nicholas@giambrateam.com ](mailto:nicholas@giambrateam.com) [ (716) 239-6432‬ ](tel:(716)%20239-6432‬) Contact listing agent ### Submit offer 20% ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units $100,000 ### Are you a registered real estate agent? Yes, I am an agent No, I am a buyer ### Submit offer 30% ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units $100,000 ### Your information* First name* Last name* Email* Phone number* Licence number Continue to offer information ### Submit offer 50% ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units $100,000 ### Offer information* Purchase price* Seller’s concessions Deposit amount ### Does your offer have an escalation clause? Yes No Amount above highest offer Total offer not to exceed ### Financing Type of financing Conventional FHA VA Cash Seller Financing Other Lender Loan term (years) Loan amount not to exceed Interest rate not to exceed Mortgage commitment date Closing date Continue to terms and contingencies ### Submit offer 70% ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units $100,000 ### Offer supporting documents #### Is inspection required? Yes No How many days are needed for inspection? #### Is this offer contingent upon the sale of other real estate? Yes No Contingent property address #### Is this offer contingent upon closing of an already sold property? Yes No Contingent property address #### Are appliances required? Yes No What appliances are required? #### Is the Seller to pay a portion of the Buyer's Agent's compensation? Yes No How much? (In percent or dollars) Continue to attachments and comments ### Submit offer 70% ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units $100,000 ### Terms and Contingencies Click here top browse or drag the file here Accepts PDF, DOC, XLS, CSV, JPEG, PNG ### Additional terms and comments Previous step Submit offer ### Submit offer 100% # Your offer is sent! We will get back to you as soon as we can, thank you for your interest! Back to listing ### Submit offer 50% ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units $100,000 ### Your information* First name* Last name* Email* Phone number* Continue to offer information ### Submit offer 80% ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units $100,000 ### Offer information* Purchase price* Type of financing Conventional FHA VA Cash Seller Financing Other Loan down payment #### Is inspection required? Yes No How many days are needed for inspection? ### Additional terms and comments ### Upload supporting documents Click here top browse or drag the file here Accepts PDF, DOC, XLS, CSV, JPEG, PNG Previous step Submit offer ### Submit offer 100% # Your offer is sent! We will get back to you as soon as we can, thank you for your interest! Back to listing   ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Closed ![Closed](https://api.giambrateam.com/hubfs/SealCheck%20(1).svg) Multi-Family 2-4 Units $100,000 ### Are you an agent representing a buyer?* Yes No ### Your information* First name* Last name* Email address* Phone number* ### Select date and time* Showing date* Start time* Select time ### Note to the listing agent Send showing request # Showing request is sent! We will get back to you as soon as we can, thank you for your interest! Back to listing # Showing request is sent! We will get back to you as soon as we can, thank you for your interest! Back to listing ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Asking price ## $100,000 View full details Open house June 7, 2025 | 1:00 PM - 3:00 PM   ![Nicholas Giambra](https://api.giambrateam.com/hubfs/nick_headshot_avatar_1x.webp) ## Nicholas Giambra Associate Real Estate Broker [ nicholas@giambrateam.com ](mailto:nicholas@giambrateam.com) [ (716) 239-6432‬ ](tel:(716)%20239-6432‬) ![](https://api.giambrateam.com/hubfs/crm-properties-file-values/1-Jun-02-2025-12-12-34-6893-PM.jpeg) ## 318 14th Street, Buffalo, NY 14213 Asking price ## $100,000 View full details Open house # Завантаження файлів для офера Виберіть файли: Завантажити файли Завантаження... ### Успішно завантажені файли: ![TGT_LOGO_LIGHT_DUOTONE](https://api.giambrateam.com/hubfs/TGT_LOGO_LIGHT_DUOTONE.svg) 5500 Main St #108, Buffalo, NY 14221, United States +1 716-860-5172 [ info@giambrateam.com ](mailto:info@giambrateam.com) [ Listings ](https://giambrateam.com/listings) [ About Us ](https://giambrateam.com/about-us) [ Fair Housing Notice ](https://dos.ny.gov/system/files/documents/2025/03/nys-housing-and-anti-discrimination-notice_02.2025.pdf) 5500 Main St #108, Buffalo, NY 14221, United States +1 716-860-5172 [ info@giambrateam.com ](mailto:info@giambrateam.com) ![](https://api.giambrateam.com/hubfs/Artboard%20%E2%80%93%2023.png) ![Frame 37544](https://api.giambrateam.com/hubfs/Frame%2037544.png) Iconic Real Estate is an Equal Opportunity Employer and supports the Fair Housing Act. 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